QMID vs. DGRS

Last updated Aug 2, 2026

QMID (WisdomTree U.S. MidCap Quality Growth Fund) and DGRS (WisdomTree U.S. SmallCap Quality Dividend Growth Fund) are both Quality Factor funds from WisdomTree - QMID tracks the WisdomTree U.S. MidCap Quality Growth Index while DGRS tracks the WisdomTree U.S. SmallCap Quality Dividend Growth Index. Both are passively managed. Over the past year, QMID returned 10.41% vs 31.79% for DGRS. Their correlation of 0.83 means they have usually moved in the same direction. Both charge a 0.38% expense ratio.

Performance

QMID vs. DGRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. MidCap Quality Growth Fund (QMID) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QMID achieves a 5.39% return, which is significantly lower than DGRS's 21.67% return.

QMID

• 1D: -0.40%
• 1M: 0.96%
• 6M: 4.68%
• YTD: 5.39%
• 1Y: 10.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.76%

DGRS

• 1D: 0.23%
• 1M: 1.90%
• 6M: 12.89%
• YTD: 21.67%
• 1Y: 31.79%
• 3Y*: 12.75%
• 5Y*: 8.44%
• 10Y*: 9.82%
• ALL TIME*: 9.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	$2.61M	$2.32M	$1.84M
QMID WisdomTree U.S. MidCap Quality Growth Fund	$4.39K	$13.06K	$31.63K

QMID vs. DGRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QMID WisdomTree U.S. MidCap Quality Growth Fund	5.39%	5.02%	9.01%
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	21.67%	-0.43%	13.47%

Correlation

The correlation between QMID and DGRS is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (All Time) Calculated using the full available price history since Jan 25, 2024	0.83

The correlation between QMID and DGRS has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

QMID vs. DGRS - Sectors Allocation Comparison

Sectors	QMID	DGRS
Industrials	19.9%	19.5%
Consumer Cyclical	19.3%	16.3%
Healthcare	17.9%	1.2%
Technology	17.2%	9.1%
Financial Services	13.2%	25.5%
Communication Services	4.6%	2.0%
Consumer Defensive	4.4%	6.5%
Energy	3.0%	10.0%
Basic Materials	0.6%	8.0%
Real Estate	-	1.9%
Utilities	-	0.2%

Return for Risk

QMID vs. DGRS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QMID

QMID Risk / Return Rank: 26
QMID Sharpe Ratio Rank: 25
QMID Sortino Ratio Rank: 26
QMID Omega Ratio Rank: 23
QMID Calmar Ratio Rank: 26
QMID Martin Ratio Rank: 31

DGRS

DGRS Risk / Return Rank: 77
DGRS Sharpe Ratio Rank: 74
DGRS Sortino Ratio Rank: 80
DGRS Omega Ratio Rank: 73
DGRS Calmar Ratio Rank: 82
DGRS Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QMID vs. DGRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Quality Growth Fund (QMID) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QMID	DGRS	Difference
Sharpe ratio: Return per unit of total volatility	0.58	1.69	-1.11
Sortino ratio: Return per unit of downside risk	0.95	2.61	-1.65
Omega ratio: Gain probability vs. loss probability	1.11	1.30	-0.20
Calmar ratio: Return relative to maximum drawdown	0.82	2.98	-2.17
Martin ratio: Return relative to average drawdown	2.77	9.53	-6.76

QMID vs. DGRS - Sharpe Ratio Comparison

The current QMID Sharpe Ratio is 0.58, which is lower than the DGRS Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of QMID and DGRS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QMID vs. DGRS - Drawdown Comparison

The maximum QMID drawdown since its inception was -24.42%, smaller than the maximum DGRS drawdown of -44.83%. Use the drawdown chart below to compare losses from any high point for QMID and DGRS.

Drawdown Indicators

	QMID	DGRS	Difference
Max Drawdown Largest peak-to-trough decline	-24.42%	-44.83%	+20.41%
Max Drawdown (1Y) Largest decline over 1 year	-10.67%	-9.68%	-0.99%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.83%	—
Current Drawdown Current decline from peak	-1.34%	-1.24%	-0.10%
Average Drawdown Average peak-to-trough decline	-5.22%	-6.66%	+1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	3.03%	+0.12%

Volatility

QMID vs. DGRS - Volatility Comparison

WisdomTree U.S. MidCap Quality Growth Fund (QMID) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) have volatilities of 3.78% and 3.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QMID	DGRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	3.72%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	10.52%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	15.17%	17.17%	-2.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.23%	20.22%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	23.57%	-5.34%

QMID vs. DGRS - Expense Ratio Comparison

Both QMID and DGRS have an expense ratio of 0.38%.

Dividends

QMID vs. DGRS - Dividend Comparison

QMID's dividend yield for the trailing twelve months is around 0.49%, less than DGRS's 2.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRS WisdomTree U.S. SmallCap Quality Dividend Growth Fund	2.04%	2.68%	2.15%	2.36%	2.88%	2.19%	2.32%	2.39%	2.64%	1.90%	1.82%	2.55%
QMID WisdomTree U.S. MidCap Quality Growth Fund	0.49%	0.51%	1.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QMID and DGRS in my portfolio?

QMID and DGRS have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QMID or DGRS?

QMID has higher volatility (3.78%) compared to DGRS (3.72%). In terms of maximum drawdown, QMID dropped -24.42% vs DGRS's -44.83%.

Which ETF is better, QMID or DGRS?

On 1-year performance, DGRS leads with 31.79% vs 10.41% for QMID. Both ETFs have the same 0.38% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QMID or DGRS?

Over the 1-year period, DGRS has performed better with a 31.79% return vs 10.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QMID or DGRS?

QMID and DGRS have the same expense ratio: 0.38% per year.

Which ETF pays a higher dividend yield, QMID or DGRS?

DGRS has the higher dividend yield at 2.04%, compared with 0.49% for QMID.

What is the main difference between QMID and DGRS?

QMID tracks WisdomTree U.S. MidCap Quality Growth Index, while DGRS tracks WisdomTree U.S. SmallCap Quality Dividend Growth Index.

Which has better risk-adjusted returns?

DGRS currently has the higher Sharpe Ratio (1.69 vs 0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.